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Can the DRF be rejected? What are the reasons for rejection?

April 26, 2017drf reasons rejection

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Can the DRF be rejected? What are the reasons for rejection?

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Yes, DRF can be rejected. The reasons for rejection (not limited to) are Signature mismatch, Incorrect holders name, Shares not received as per DRF, Received quantity does not match with the quantity mentioned in DRF, DRF sent to wrong registrar, rejection due to technical reasons i.e. wrong account numbers, DRF not signed by all holders, duplicate certificates have been issued, fake certificates, court order prohibiting transfer etc.